Loading...
•
Dec 31, 2023
Amerisafe Q4 2023 Earnings Report
AMERISAFE reported its Q4 2023 results, featuring a net income of $19.2 million and a combined ratio of 85.5%.
Key Takeaways
AMERISAFE reported a decrease in net income compared to the same quarter last year, but saw improvements in gross premiums written and net investment income. The company's combined ratio was 85.5% for the quarter. AMERISAFE's ROAE for the full year was 20.4%.
Net income was $19.2 million, a decrease of 7.7% compared to Q4 2022.
Diluted earnings per share were $1.00, down from $1.08 in Q4 2022.
Net premiums earned were $65.7 million a decrease of 0.5% compared to Q4 2022.
Net combined ratio was 85.5%, compared to 82.0% in Q4 2022.
Forward Guidance
AMERISAFE did not provide specific forward guidance in the earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...